CHEGG, INC
For the period ended Dec 31, 2025. Filed Mar 9, 2026.
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FY2025 · Filed Mar 9, 2026
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Item 15. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES
We have filed the following documents as part of this Annual Report on Form 10-K:
- Consolidated Financial Statements
| Page | |
|---|---|
| Report of Independent Registered Public Accounting Firm (PCAOB ID No. 34) | 51 |
| Consolidated Balance Sheets | 54 |
| Consolidated Statements of Operations | 55 |
| Consolidated Statements of Comprehensive (Loss) Income | 56 |
| Consolidated Statements of Stockholders’ Equity | 57 |
| Consolidated Statements of Cash Flows | 58 |
| Notes to Consolidated Financial Statements | 59 |
- Financial Statement Schedules
Schedule II-Valuation and Qualifying Accounts (in thousands):
| Years Ended December 31, 2025, 2024, and 2023 | ||||
|---|---|---|---|---|
| Balance at Beginning of Year · (Release) Provision for Bad Debts · Net Write-offs · Balance at End of Year | ||||
| Accounts receivable allowance | ||||
| 2025 | $190 | $(3) | $(31) | $156 |
| 2024 | 376 | (99) | (87) | 190 |
| 2023 | 394 | 58 | (76) | 376 |
| Years Ended December 31, 2025, 2024, and 2023 | ||||
|---|---|---|---|---|
| Balance at Beginning of Year · Provision for Refunds · Refunds Issued · Balance at End of Year | ||||
| Refund reserve | ||||
| 2025 | $495 | $9,373 | $(9,503) | $365 |
| 2024 | 1,538 | 9,831 | (10,874) | 495 |
| 2023 | 1,499 | 9,724 | (9,685) | 1,538 |
All other financial statement schedules are omitted because they are not applicable, or the information is included in the Registrant’s consolidated financial statements or related notes.
- Exhibits
| Incorporated by Reference | |||||
|---|---|---|---|---|---|
| Exhibit No. · Exhibit · Form · File No. · Filing Date · Exhibit No. · FiledHerewith | |||||
| 3.01 | Restated Certificate of Incorporation of Chegg, Inc. effective November 18, 2013 | 10-K | 001-36180 | 3/4/16 | 3.01 |
| 3.02 | Amended and Restated Bylaws of Chegg, Inc., as amended on March 15, 2023 | 8-K | 001-36180 | 3/21/23 | 3.1 |
| 4.01 | Form of Chegg, Inc.’s Common Stock Certificate | S-1/A | 333-190616 | 10/01/13 | 4.01 |
| 4.02 | Description of Securities Registered Under Section 12 of the Securities Exchange Act of 1934 | 10-K | 001-36180 | 2/20/20 | 4.04 |
| 4.03 | Indenture dated March 26, 2019 between Chegg, Inc. and Wells Fargo Bank, National Association. | 8-K | 001-36180 | 3/26/19 | 4.1 |
| 4.04 | Indenture dated August 21, 2020 between Chegg, Inc. and Wells Fargo Bank, National Association | 8-K | 001-36180 | 08/24/20 | 4.1 | |
| 10.01* | 2023 Equity Incentive Plan, and forms of agreements thereunder | 8-K | 001-36180 | 6/7/23 | 10.1 | |
| 10.02* | Amended And Restated Chegg, Inc. 2013 Employee Stock Purchase Plan | 8-K | 001-36180 | 6/7/23 | 10.2 | |
| 10.03* | 2023 Equity Inducement Plan, and forms of agreements thereunder | S-8 | 001-36180 | 10/11/23 | 99.1 | |
| 10.04* | Form of Indemnification Agreement entered into between Chegg, Inc. and each of its directors and executive officers | S-1/A | 333-190616 | 10/01/13 | 10.01 | |
| 10.05* | Chegg, Inc. Compensation Recovery Policy | 10-K | 001-36180 | 2/20/24 | 97.1 | |
| 10.06* | Form of Agreement for Change-in-Control Severance Plan | 10-Q | 001-36180 | 7/29/19 | 10.03 | |
| 10.07* | Chegg, Inc. Severance Plan and Summary Plan Description | 8-K | 001-36180 | 10/21/24 | 10.1 | |
| 10.08* | Amendment No. 1 to the Chegg, Inc. 2023 Equity Incentive Plan | 8-K | 001-36180 | 6/6/25 | 10.1 | |
| 10.09* | Transition and Separation Agreement, dated October 27, 2025, between the Company and Mr. Schultz | 8-K | 001-36180 | 10/27/25 | 10.1 | |
| 10.10* | Offer Letter between David Longo and Chegg, Inc. dated December 1, 2021 | 10-K | 001-36180 | 2/20/24 | 10.12 | |
| 10.11* | Promotion Letter between David Longo and Chegg, Inc. dated February 16, 2024 | 10-K | 001-36180 | 2/20/24 | 10.13 | |
| 10.12* | Executive Chairman Agreement between Dan Rosensweig and Chegg, Inc. dated April 24, 2024 | 10-Q | 001-36180 | 4/29/24 | 10.01 | |
| 10.13* | Offer Letter, dated October 27, 2025, between the Company and Mr. Rosensweig | 8-K | 001-36180 | 10/27/25 | 10.2 | |
| 10.14* | Increased Salary, Retention Bonus and Bonus Severance Terms Agreement between the Company and David Longo | 8-K | 001-36180 | 11/20/25 | 10.1 | |
| 10.15 | Form of Base Capped Call Transaction Confirmation (2026 notes) | 8-K | 001-36180 | 8/24/20 | 99.1 | |
| 10.16 | Form of Additional Capped Call Transaction Confirmation (2026 notes) | 8-K | 001-36180 | 8/24/20 | 99.2 | |
| 19.1 | Insider Trading Policy | 10-K | 001-36180 | 2/24/25 | 19.1 | |
| 21.01 | List of Subsidiaries | X | ||||
| 23.01 | Consent of Independent Registered Public Accounting Firm | X | ||||
| 24.01 | Power of Attorney (included on signature page hereto) | X | ||||
| 31.01 | Certification of Dan Rosensweig, Chief Executive Officer, pursuant to Rule 13a-14(a)/15d-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 | X | ||||
| 31.02 | Certification of David Longo, Chief Financial Officer, pursuant to Rule 13a-14(a)/15d-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 | X | ||||
| 32.01** | Certification pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 | X | ||||
| 101.INS | XBRL Instance - the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document | X | ||||
| 101.SCH | XBRL Taxonomy Extension Schema | X | ||||
| 101.CAL | XBRL Taxonomy Extension Calculation | X |
| 101.LAB | XBRL Taxonomy Extension Labels | X |
| 101.PRE | XBRL Taxonomy Extension Presentation | X |
| 101.DEF | XBRL Taxonomy Extension Definition | X |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document and contained in Exhibit) | X |
| * | Indicates a management contract or compensatory plan. |
|---|---|
| ** | This certification is deemed not filed for purposes of section 18 of the Securities Exchange Act of 1934, as amended (Exchange Act), or otherwise subject to the liability of that section, nor shall it be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended or the Exchange Act. |
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